UK jobs market experiences worst month in over a decade, with hiring decreasing drastically

From Google: 2024-09-09 02:10:50

The UK jobs market experienced its worst month in over a decade with a drastic decrease in hiring. Statistics show more than 75% of businesses have reduced staff numbers in June. This decline is a result of uncertainty caused by the Covid-19 pandemic and lockdown restrictions. The number of vacancies available plummeted by 60% compared to the previous year. The Confederation of British Industry (CBI) warns of further job losses if the government does not provide more support for businesses. The unprecedented impact on employment is a major concern for the UK economy and could lead to long-term consequences.



Read more at Google: Jobs market suffers worst month in more than a decade – latest updates – The Telegraph